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8x8, Inc. - $EGHT STOCK NEWS

Welcome to our dedicated page for 8x8 news (Ticker: $EGHT), a resource for investors and traders seeking the latest updates and insights on 8x8 stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect 8x8's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of 8x8's position in the market.

Rhea-AI Summary

8x8, a leader in cloud contact centers and unified communications, announced its participation in several investor events for Q1 fiscal 2025. The company will present at the 19th Annual Needham & Co. Virtual Presentation on May 16, 10:15 am ET, and the BofA Securities 2024 Global Technology Conference on June 4, 1:40 pm ET. Additionally, it will participate in the B. Riley 24th Annual Institutional Investor Conference on May 22, and the Mizuho Technology Conference on June 12, both for meetings only. 8x8 will also present at the Rosenblatt 4th Annual Technology Summit on June 12, 11:00 am ET. All presentations will be webcast with links available on the company's investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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Rhea-AI Summary

8x8 has partnered with Military Makeover's 'Operation Career' to honor military veterans within the company. In celebration of Military Appreciation Month, the show highlighted stories from 8x8's veteran employees, including CEO Samuel Wilson, who is a former U.S. Army Ranger, and other team members with military backgrounds. The partnership aims to showcase the positive impact veterans have in the workplace and 8x8’s commitment to providing resources and mentorship to veterans transitioning to civilian life. The special edition will air on May 16 on Lifetime TV and 8x8’s YouTube channel.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
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partnership
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Rhea-AI Summary

8x8, Inc. (NASDAQ: EGHT) reported fourth-quarter revenue of $179 million and fiscal year 2024 revenue of $729 million. The company saw a 62% increase in cash flow from operations and ended the year with $118 million in cash and investments. Total revenue decreased by 2% from fiscal 2023, but non-GAAP operating profit increased by 52%. The company remains focused on driving innovation and delivering value to customers, partners, employees, and investors for sustained growth and profitability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.09%
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Rhea-AI Summary

8x8, Inc. (NASDAQ: EGHT) announced that Thinktank Group deployed the 8x8 cloud contact center and unified communications platform to enhance customer experience for its multiple white label brands. Thinktank Group, an Australian property lending specialist, grew from 75 to almost 250 employees between 2020 and 2023. By utilizing 8x8, Thinktank Group created distinct toll-free phone lines, branded IVR, and call routing queues for each white label organization, resulting in improved customer experiences, reduced abandoned call rates, and increased first-call resolution rates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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none
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) announces new platform capabilities including 8x8 Engage for customer engagement, Proactive Outreach, and 8x8 Operator Connect for Microsoft Teams. The enhancements aim to improve customer experiences, communication, and collaboration. The platform now offers AI-powered solutions, programmable SMS and WhatsApp capabilities, PSTN calling through Microsoft Teams Phone, whiteboard collaboration, LINE Official Notification channel, improved analytics, interface enhancements, smart channel routing, and CPaaS platform improvements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
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none
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Rhea-AI Summary
8x8, Inc. (NASDAQ: EGHT) has scheduled its fourth-quarter and fiscal 2024 earnings release and conference call for May 8, 2024. The financial results will be disclosed after the market closes, followed by a conference call to discuss the outcomes. Interested parties can join the call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
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Rhea-AI Summary
8x8 launches Operator Connect for Microsoft Teams to provide reliable telephony deployment and adoption for organizations using Teams. The solution offers native PSTN calling in Teams through the Operator Connect program, enhancing admin efficiency and customer engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
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Rhea-AI Summary
8x8 Inc. (EGHT) continues to receive accolades from Constellation Research, G2, and CX Today for its innovative 8x8 Contact Center and 8x8 Work solutions, showcasing excellence in employee and customer experiences. The company's recognition spans various categories, including Contact Center as a Service (CCaaS) and Unified Communications as a Service (UCaaS), with awards like G2 Winter 2024 Awards, G2 2024 Best Software Awards, and CX Awards 2024. 8x8's commitment to delivering exceptional solutions is reinforced by industry acknowledgments, highlighting its dedication to innovation and customer satisfaction.
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Rhea-AI Summary
8x8, Inc. announced that King Power Corporation integrated 8x8’s SMS API to optimize e-commerce operations, reducing operational costs by 30%. The partnership aims to enhance customer experiences, improve communication efficiency, and provide scalable support. King Power Corporation has seen improvements in SMS delivery rates and streamlined order processing, customer verifications, and notifications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
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none
Rhea-AI Summary
8x8, Inc. (EGHT) announces investor events for the fourth fiscal quarter, including participation in Morgan Stanley Technology, Media and Telecom Conference and a Virtual Product and Innovation Update. The events will be webcast and accessible through the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
conferences
8x8, Inc.

Nasdaq:EGHT

EGHT Rankings

EGHT Stock Data

345.53M
84.52M
2.29%
95.44%
12.22%
Software Publishers
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United States of America
CAMPBELL

About EGHT

8x8, inc. (nyse: eght) is transforming the future of business communications as a leading software-as-a-service provider of voice, video, chat, contact center and enterprise-class api solutions powered by one global cloud communications platform. 8x8 empowers workforces worldwide to connect individuals and teams so they can collaborate faster and work smarter. real-time business analytics and intelligence provide businesses unique insights across all interactions and channels so they can delight end-customers and accelerate their business.